UTair Unable to Meet Stockholder Obligations in Full

UTair Airlines was unable to meet its stockholder obligations in full.

The company explains they were unable to pay the dividends for the year 2010 to some of the shareholders whose whereabouts and bank details were unknown; last year’s dividends amounted to 69.24m RUR altogether.

Thus the sum of the dividends that have remained unpaid comes to 522,190 RUR.